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Peter Drucker -
Post-Capitalist Society (1993)
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The postwar [WWII] GI Bill of Rights - and the enthusiastic response to it on the part of America's veterans - signaled the shift to the knowledge society. Future historians may consider it the most important event of the twentieth century.
We are clearly in the midst of this transformation; indeed, if history is any guide, it will not be completed until 2010 or 2020. But already it has changed the political, economic and moral landscape of the world.
Peter Drucker
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The basic economic resource - the means of production -
is no longer capital, nor natural resources, nor labor.
It is and will be knowledge.
Peter Drucker
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Every organization of today has to build into its very structure the management of change.
Peter Drucker
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That knowledge has become the resource, rather than a resource, is what makes our society post-capitalist.
Peter Drucker
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Knowledge is the only meaningful resource today. The traditional 'factors of production'—land (i.e. natural resources), labour and capital—have not disappeared. But they have become secondary.
Peter Drucker
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A manager is responsible for the application and performance of knowledge.
Peter Drucker
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Every few hundred years in Western history there occurs a sharp transformation. Within a few short decades, society - its worldview, its basic values, its social and political structures, its art, its key institutions - rearranges itself. We are currently living through such a time.
Peter Drucker
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Society, community, family are all conserving institutions. They try to maintain stability, and to prevent, or at least to slow down, change. But the organization of the post-capitalist society of organizations is a destabilizer. Because its function is to put knowledge to work - on tools, processes, and products; on work; on knowledge itself - it must be organized for constant change.
Peter Drucker
Quote of the day
Nobody ever did anything very foolish except from some strong principle.
William Lamb, 2nd Viscount Melbourne
Peter Drucker
© The Drucker Institute
Born:
November 19, 1909
Died:
November 11, 2005
(aged 95)
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